Section List

Act Number: 13

Act Name: The Air Corporations (Transfer of Undertakings and Repeal) Act, 1994

Year: 1994

Enactment Date: 1994-03-21

Long Title: An Act to provide for the transfer and vesting of the undertakings of Indian Airlines and Air India respectively to and in the companies formed and registered as Indian Airlines Limited and Air India Limited and for matters connected therewith or incidental thereto and also to repeal the Air Corporations Act, 1953.

Ministry: Ministry of Civil Aviation

Department:

Section NumberTitleActions
1 Short title and commencement.
2 Definitions.
3 Undertakings of corporations to vest in companies.
4 General effect of vesting of undertakings in the companies.
5 Licences, etc., to be deemed to have been granted to companies.
6 Tax exemption or benefit to continue to have effect.
7 Guarantee to be operative.
8 Provisions in respect of officers and other employees of corporations.
9 Power of Central Government to give directions.
10 Power to remove difficulties.
11 Repeal of Act 27 of 1953 and cesser of corporations.
12 Repeal and saving.
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